Competitive Service Of Injection Mold Tooling China

In recent years, the development of plasticInjection Mold Tooling Chinaindustry is developing very quickly, followed by the market competition which is more and more fierce, especially many foreign mold manufacturers have entered into Chinese market after China joined the WTO.

The Situation Of Injection Mold Tooling Industry in China 

Although the growth of exporting the molds and molding parts is larger than importing in recent years, but the absolute increasing value of exporting is still less than importing, which makes the trade deficit of mold industry increased year by year. Finally, the situation has been improved till 2006 and the deficit has declined slightly. There are two main factors for the increase of the molding trade deficit: first, with the high-speed development of national economy, especially the strong tooling demand generated by the quick development of the automobile industry, the domestic molding resource can't meet the need of the internal market, even some of the high-end molds can’t be produced in China, therefore the imported amount is rising; second, it’s related to Chinese current customs tariff policy and project approval system. Currently, same as other mechanical and electrical products, the export tax rebate rate is only 13%, while not up to 17%.

According to plastic injection molding industry development prospect report, it’s very important to stand out from the fierce competition and vigorously develop the international market. The best way is to reduce the cost and time of tooling building, without declining the quality.

 
Development and Future of Injection Mold Tooling

To develop the mold standard parts and produce them as specialized & volume is very significant, which can save the time of the tooling design & manufacturing, reduce the tooling manufacturing cost and improve the tooling quality, etc. 

TEAM Rapid Specializes in Injection Mold Tooling Service

At TEAM Rapid Tooling China, we have standardized not only for the mold parts & inserts, but also for the mold bases which called as MUD (Mater Unit Dies) system. With series of standard mold base and steel blocks stocked in factory as well as injection molding materials, TEAM Rapid can help you to save lots of times and cost, from low volume injection molding to mass production. Contact us today to request a free quote now!